Hohohohoho!

Maybank wants to buy my 1 oz kijnags at RM 2408!!!!     

Hohohohoho!

Maybank wants to buy my 1 oz kijnags at RM 2408!!!!     

http://www.maybank2u.com.my/mbb_info/m2u/p...cntKey=INV03.03

---

Added on April 12, 2011, 9:00 amIts still happening!   

http://www.maybank2u.com.my/mbb_info/m2u/p...cntKey=INV03.03

---

Added on April 12, 2011, 9:00 amAnd at BNM   

http://www.bnm.gov.my/index.php?ch=12&pg=141

maybank pass book gold  can withdraw as solid gold also rite?

But I need to open Public Bank account right ? No ?

Another advice, dont expect to make profits in a year.....meaning if you cant hold, DONT BUY.  

Gold expert, all below is 999 gold 24k. But why sell on different price ?? 

100gram Pamp Suisse RM 15,581.49
100gram Lady Fortuna RM 15,734.52
100gram GCP RM 16,652.91
100gram Public Gold RM16,536.00

If I'm to buy gold bar, which is best to buy?
From public gold, nubex or 1stopgold?

How about buying from gold shops ?

No, the spread is not a guaranteed figure, it depends on buyers of gold.

But for banks as reputable seller, the spread generally is fixed throughout.

sorry, I not very familiar with these.
Can you explain what does this means "-if USD tank then RM will appreciate in value"? what tank do you mean?
Gold can revalue in price? like how? is it like now is rm150, and they revalue to higher? In what condition they will revalue??
Gold price went parabolic means? Go up and down?

It seems like a lot of Malaysian start investing in gold. I wonder, in future, will the supply more than demand..

---

Added on May 26, 2011, 2:04 pm

Why the rise of gold price will decrease USD value? What's the relation between USD and Gold?

Gold price is quoted/based on USD.

If USD goes down, while if gold price doesn't go up <------ it makes the gold "cheaper" in term of currency outside USD.

A very sad day for me. Maybe i need to let go 4 oz of my kijang to buy a piece of land...

No matter i buy physical or paper gold, the lowest spread value doesn't maintain as it is after years later.
Let say if i buy kijang emas today at rm4968, which is around 3.9% of the spread value.
How do we ensure that a year later, the different of selling and buying price still at 3.9%?
Because i remembered when i start buying paper gold from maybank last year, it was only rm4 difference between buying and selling price, but it is around rm6 today already.

Guys take a look at this -- either the level of public awareness is still low in the US or it means there is still a lot of gold for us to stock up

http://news.yahoo.com/blogs/lookout/1-bill...-194115156.html

What's the different between invest in Kijang and GIA account?

totally two different companies with similar names?So BNM is not investigating Genneva[ Malaysia Sdn Bhd?

Hi, very good question. How does the company make money? I would like to add, is it sustainable?

Study the first diagram at http://mygoldgoose.wordpress.com/about/
— The key to the answer is in Choice 2:  Sell Back at Purchase Price.

— They then RESELL the returned gold at current market price; recycling and making money on the SAME physical gold while smelting more gold to sell.

Imagine, Genneva Malaysia started four years ago. What was the gold price then? The gold price was on the uptrend for the last 10 years and having sold six tonnes of gold since they started...

Therefore, Genneva Malaysia is indeed profitable and sustainable.

So smart. Wish I thought of it.

I f i do have RM5,000 of cash money, what are the best combination of gold investment that i should go to? Which type of physical or passbook should i got to? Can profits in 6 months time this year? Care to advise?

This was advertised by a seller this morning. You can use these prices as guideline. I've no idea if it's cheap or expensive.

1gram = RM 200
5 gram = RM 870
10 gram = RM 1,709
20 gram = RM 3,369
31.1 gram = RM 5,190
50 gram = RM 8,318
100 gram = RM 16,516
(Last updated 01/08/11 12:00 PM)